Kotak Securities Vs Choice Broking (Compare Kotak Securities and Choice Broking)

The side-by-side comparison of Kotak Securities and Choice Broking. Compare Kotak Securities Vs Choice Broking brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Kotak Securities vs Choice Broking?


Kotak Securities
Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh customers. They corporate members with the Bombay Stock Exchange and the National Stock Exchange. They are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). Kotak securitie... Know more about Kotak Securities Ltd


Choice Broking
Incorporated in 2010, Choice Equity Broking Pvt. Ltd (commonly known as Choice Broking) is a Mumbai-based full-service stockbroking firm. Choice broking is a subsidiary of a publicly listed financial services firm named 'Choice International Limited' that was formed in 1993. Choice Broking offers online trading and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, wealth management, Portfolio management, Insuran... Know more about Choice Equity Broking Private Limited

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Kotak Securities Vs Choice Broking

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 1209 branches across India. Incorporated in 2010, Choice Broking is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX, ICDEX. It has 50 branches across India.

  Kotak Securities Choice Broking
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX, ICDEX
Account Type Fixed Brokerage Plan Standard Plan
Year of Incorporation 1994 2010
Number of Branches 1209 50
Broker Enquiry Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Choice Broking. Leave your contact info and we will get in touch with you.
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Kotak Securities Vs Choice Broking Charges & AMC

Kotak Securities trading account opening charges is Rs 750 while Choice Broking account opening changes is Rs 0 (Free). Kotak Securities Demat Account AMC Charges is Rs 600 and Choice Broking Demat Account AMC Charges is Rs 200 or as per plan. (1st year AMC free).

  Kotak Securities Choice Broking
Trading Account Opening Charges Rs 750 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 600 Rs 200 or as per plan. (1st year AMC free)
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Kotak Securities Vs Choice Broking Brokerage Charges & Plans

Kotak Securities Vs Choice Broking Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Choice Broking brokerage charges for equity is 0.20% and intraday is 0.02%.

  Kotak Securities Choice Broking
Account Type Fixed Brokerage Plan Standard Plan
Fixed Charges
Equity Delivery Brokerage 0.49% 0.20%
Equity Intraday Brokerage 0.049% (both side) 0.02%
Equity Futures Brokerage 0.049% (both side) 0.02%
Equity Options Brokerage Rs 300 per lot Rs 25 per lot
Currency Futures Trading Brokerage 0.02%
Currency Options Trading Brokerage Rs 20 per lot
Commodity Futures Trading Brokerage 0.070% 0.02%
Commodity Options Trading Brokerage Rs 50 per lot
Special Offer
Special Offer: Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.

Kotak Securities Vs Choice Broking Brokerage Plan 2

  Kotak Securities Choice Broking
Account Type Dynamic Brokerage Plan Standard Plan
Fixed Charges
Equity Delivery Brokerage 0.59% to 0.30% 0.20%
Equity Intraday Brokerage 0.06% to 0.05% 0.02%
Equity Futures Brokerage 0.07% to 0.05% 0.02%
Equity Options Brokerage 2.5% to 1.8% Rs 25 per lot
Currency Futures Trading Brokerage 0.04% or Rs 20 per lot 0.02%
Currency Options Trading Brokerage Rs 20 to Rs 7.5 per lot Rs 20 per lot
Commodity Futures Trading Brokerage 0.02%
Commodity Options Trading Brokerage Rs 50 per lot
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Kotak Securities Charges Vs Choice Broking

Minimum Brokerage Charges Rs 21 per executed order
Other Brokerage Charges SMS Alerts at Rs 50 per month
Call & Trade Charges Rs 20 per call after first 20 free calls in a month Rs 0 (Free)
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Kotak Securities Vs Choice Broking Transaction Charges

Kotak Securities transaction charges for options is NSE: 0.05% on Premium while Choice Broking exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  Kotak Securities Choice Broking
Equity Delivery NSE: 0.00325%, BSE: 0.00325% NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade
Equity Intraday NSE: 0.00325%, BSE: 0.00325% NSE Rs 325 per crore (0.00325%) | BSE Flat Rate of Rs 1.51 per Trade
Equity Futures NSE: 0.0019% NSE Rs 240 per crore (0.0024%)
Equity Options NSE: 0.05% on Premium NSE Rs 5000 per crore (0.05%)
Currency Futures NSE: 0.0009%, BSE: 0.00022% NSE Rs 90 per crore (0.0009%)
Currency Options NSE: 0.035%, BSE: 0.001% NSE Rs 4000 per crore (0.04%)
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% Non-Agri Rs 290 per Crore (0.0029%) | Agri Rs 178 per Crore (0.00178%)
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Kotak Securities Vs Choice Broking Leverage (Margin)

Kotak Securities provides the margin of 50 times for intraday trades whereas the Choice Broking margin for intraday cash is Up to 20x.

  Kotak Securities Choice Broking
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday 50 times Up to 20x
Equity Futures 12 to 15 times Up to 5x
Equity Options Selling: 200 times | Buying: 10 times 1x (no margin) for Options buying and up to 10x for options selling
Currency Futures NA Up to 3x
Currency Options NA 1x (no margin)
Commodity Futures NA Up to 5x
Commodity Options 1x (no margin)
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Compare Kotak Securities and Choice Broking Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Choice Broking offers Jiffy trading software.

  Kotak Securities Choice Broking
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite Jiffy
Intraday Square-off Time 3:15 PM
Other Features 3-in-1 account
Referral Program Yes
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Kotak Securities Vs Choice Broking Review

Kotak Securities is rated 2.5 of 5 based on 163 customer reviews whereas Choice Broking is rated 4.7 of 5 based on 3 customer reviews.

  Kotak Securities Choice Broking
  163 Customer Reviews    Rate Kotak Securities 3 Customer Reviews    Rate Choice Broking
Fees 2.4 4.7
Trading Brokerage 2.3 4.3
Trading Platform Usability 3.3 4.7
Customer Service 2.9 4.3
Research Capabilities 2.8 5.0
Overall Ratings Rated 2.5 stars Rated 4.7 stars
Broker Rating Kotak Securities is rated 2.5 of 5 based on 163 customer reviews Choice Broking is rated 4.7 of 5 based on 3 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Enquire Choice Broking Enquire
Contact Broker

Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.

Leave your contact information and we will get in touch with you....

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Kotak Securities Vs Choice Broking Investment Options

  Kotak Securities Choice Broking
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No No
Other Investment Options Portfolio Management Services, Insurance
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Kotak Securities Vs Choice Broking Order Type Offered

  Kotak Securities Choice Broking
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
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Kotak Securities Vs Choice Broking Research Report

  Kotak Securities Choice Broking
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Kotak Securities Vs Choice Broking Suitable For Investor Type

  Kotak Securities Choice Broking
Casual Investor Yes Yes
Active Investor Yes Yes
Trader
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Kotak Securities Vs Choice Broking - Pros and Cons

  Kotak Securities Choice Broking
Pros
  • Offers 3-in-1 Account (trinity account).
  • Kotak Security is a full services broker offering wide range of investment options and research reports.
  • Kotak Securities has extended network of 1400+ branches across India.
  • It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market.
  • Kotak offers 5 different trading platforms to fulfill almost all customer requirements.
  • Zero Account opening fee.
  • Hassle free online Demat Account Opening.
  • Offers a wide range of investment products
  • Offers simple Trading Platforms to its customers.
  • Offers multiple AMC plan options with lifetime free AMC and refundable AMC options.
  • Free call and trade facility.
  • Provides Margin Trading Facility MTF Services.
  • Claim to have the most accurate and free research reports in the market with a 78% success ratio.
  • Offers online IPO application services.
Cons
  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
  • Do not have Flexi brokerage plans.
  • Does not offer 3-in-1 account services.
  • Advanced order types like BO, CO, GTC not available.
  • Margin calculator not available.
Reviews

Choice Equity Broking Private Limited, commonly known as Choice Broking , is a Mumbai based full-service broker incorporated in 2010 offering online trading and premium financial services for an entire range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, Margin Trading Facility, wealth management, Portfolio management, Insurance, and Loan against share. The company offers 2-in-1 account opening services and has a depository membership with CDSL and NSDL and is a member of NSE, BSE, MCX, NCDEX, and ICEX. The company has a proprietary trading platform (Jiffy) available on the website, Android, and iOS.

Promo / Offers

Kotak 3-in-1 Account

Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF.

Looking for an online trading account? Request Callback from a stock broker.

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